perpetual bond is currently selling for RS. 95/-. The coupon rate of interest is 13.5%. The approximate discount rate is 15%. The value of the bond and the YTM is: (a) Rs. 90/- and 14.2% Value is (13.5*15%=90) and YTM is ((13.5/95)*100=14.21%) (b) Rs. 100/- and 13.5% (c) Rs. 90 and 15% (d) Rs. 90/- and 13.5% 902. In 2001‚ Meridian Ltd. has issued bonds of Rs. 10‚000/-each due in 2011 with a 14% per annum coupon rate payable at the end of each year during the life of the bond. If the required
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According to Ruskin (2003)‚ “the rise of childhood obesity is part of a larger story: how corporations have laid claim to children’s imagination and play—to childhood itself.” Ruskin (2003) also states that “in the process of redefining children as “consumers”‚ corporations have redefined the nature of childhood disease.” He says that “our children suffer not from the results of infection or lack‚ but from the role the commercial culture has assigned them” (Ruskin‚ 2003). Obese children have a low
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NAME: MASSAWE BARAKA‚ REG. NO: 2010-04-03894. 12 FINANCE 202 INDIVIDUAL ASSIGNMENT UDBS Consider a 10 year bond that has a face value shs 1000‚ a coupon rate of 6% and pays interest once a year. (a)Suppose person A bought this bond at par when it was initially issued and sold it 1 year later to person B for shs 1024.What is B’s total return? Soln Total return =[ Interest paid +(selling price – buying price)]/buying price Given; Annual interest paid = coupon rate x par value‚ coupon
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In addition the grandmother not only has internal conflicts but external one as well. The grandmother also has a Man v. Man conflict that shows the nature of humans .One of the external conflicts she has is with her son Bailey. From the start‚ we as the readers can already see how manipulative the grandmother is by trying to change the location of the trip. "THE GRANDMOTHER didn’t want to go to Florida. She wanted to visit some of her connections in east Tennessee and she was seizing at every chance
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My Grandmother It was May 15th 2007‚ I remember this day like it was yesterday. My mom had told me to get off at my auntie Candace’s house‚ because I would be spending a few nights there. She said she had packed clothes for me‚ and left a note inside the bag explaining why she left so suddenly. In the note she had told me to be good‚ and not to cry for her. She had left for the city to be with my grandmother during her surgery. She had said‚ that I could’ve gone with her‚ but there was no room
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the anxiety i gave my grandmother in those days.then my thoughts shifted to my grandmother who died several years and i thought to myself ‚as the sun crest behind the mountains and the birds choraled as if heralding a the end of the day ‚ i hoped i made her proud .For all that i gain in life and all the values i can now pass on to my childern ‚nothing in my life would be possivble today if not for the positive values my ’mammy’ instiled in me at a young age. my grandmother raised my siblings and
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Honor the Grandmothers Honor the Grandmothers takes a look at four Dakota and Lakota women who offer to share the stories of their lives to the reader. It is a heartfelt look into their hardships through racism‚ to their ongoing battle to pass along the rich history of their ancestors while fighting poverty on the reservation. The first grandmother we get the chance to hear from is Celane Not Help Him. I wondered how she got her name because I think that would be an entire story all by itself
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90‚000 Share of dividends (.25 × $160‚000) (40‚000) Balance in investment account $550‚000 2)During 2008‚ PK Co. purchased 2‚000‚ $1‚000‚ 9% bonds. The carrying value of the bonds at December 31‚ 2010 was $1‚960‚000. The bonds mature on March 1‚ 2015‚ and pay interest on March 1 and September 1. PK sells 1‚000 bonds on September 1‚ 2012‚ for $988‚000‚ after the interest has been received. PK uses straight-line amortization. The gain on the sale is Discount amortization: $40
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The poem “For Our Grandmothers” by Nickole Brown‚ explains how Brown’s grandmother shows her affection towards her granddaughter like most grandmothers. She makes us realize how our grandmothers are always there for us and how they help us grow. Grandmothers show their love in many different ways that we may not realize. Grandmothers have a way of easing our lives to put less pressure on ourselves and also making their children’s lives easier for their children. She describes poetically all the loving
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BOND PROBLEM SOLUTIONS 1. Six years ago‚ The Corzine Company sold a 20-year bond issue with a 14 percent annual coupon rate and a 9 percent call premium. Today‚ Corzine called the bonds. The bonds originally were sold at their face value of $1‚000. Compute the realized rate of return for investors who purchased the bonds when they were issued and who surrender them today in exchange for the call price. PV = 1000; N = 6; PMT = 140; FV = 1090; CPT I/Y I/Y = 15.02% 2. You just purchased
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